Why are there different market indexes to measure the stock market activity?

    
    
Why are there different market indexes to measure the stock market activity? How many different indexes are there?

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1 day ago

And what is the reason for so many different indexes ?
  • There are literally thousands. The indexes allow for an individual or an institution to track a group as a whole.

    There is an index from the financials to the transports.
    There is and index of the Dow to the FTSE (London).

    These simply allow investors to gauge how that the markets and sectors are performing as a group compared to individual companies.
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  • Because there are thousands of companies and
    Hundreds of industries so putting them all in one
    Would be like a 5th grade approach to the market .
    It is for grown ups who do a lot of mathematical analysis of the various groups .

    %26gt;
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